The shelf life of a battery produced by one major company is known to be Normally distributed, with a mean life of 7.3 years and a standard deviation of 1.4 years.
What value of shelf life do 16% of the battery shelf lives fall above? Round your answer to one decimal place.
Let define a random variable X that represent shelf life of me battery.
The random variable X is normally distributed with mean 7.3 years and standard deviation 1.4 years.
i.e, X~N(7.3,1.4)
Let m be the value of shelf life do 16% of the battery shelf lives fall above it.
i.e, P(X>m)=0.16
From the standard normal table we get,
[ round to 1-decimal place]
The value is 8.7
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